About Finmart Advisory Private Limited
Data last updated:
Finmart Advisory Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 21 September 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC248391. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹12 Lakh and a paid-up capital of ₹2.28 Lakh. It was led by directors Nidhi Gaurav Singhvi and Gaurav Singhvi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 413 – 414 Hubtown Viva Sale Bldg. No. 1 W.E. Highway Jogeshwari East, Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.52 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3,003 (net margin 2%) and EBITDA of ₹14,874 (EBITDA margin 9.8%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 70% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FinMart.
The last known website on record is finmart.com.
Company details
Contact details
Finmart Advisory Private Limited's registered office is in Mumbai, Maharashtra. Its website is finmart.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address413 – 414 Hubtown Viva Sale Bldg. No. 1 W.E. Highway Jogeshwari East, Mumbai, Maharashtra, India – 400060
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Finmart Advisory Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Finmart Advisory operates one associated brand: FinMart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform for searching and applying to financial services. | finmart.com |
Financials of Finmart Advisory Private Limited
FY 2024 filings availableFinmart Advisory Private Limited reported revenue of ₹1.52 Lakh (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 12% fall in the latest year. EBITDA rose 23% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14,874 | ||||
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| Net Profit (PAT) | ₹3,003 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 9.8% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Finmart Advisory Private Limited, buy the company report.
Board of directors of Finmart Advisory Private Limited
Finmart Advisory has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nidhi Gaurav Singhvi | Director | 21 Sep 2013 | 13 Years 1 Months | As last reported |
| Gaurav Singhvi Also directs: Gsvfs Consultancy LLP, Gaurav Singhvi Ventures LLP, Business Support Service LLP and 5 more | Director | 28 Jun 2016 | 10 Years 3 Months | As last reported |
Peer comparison
Finmart Advisory Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Perfect Books Consultancy Services Privete Limited | ₹1.53 Lakh (FY 2025) | 30257.0% | Kaithal, Haryana, India | |||
| Npa Solutions Private Limited | ₹1.53 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Finmart Advisory Private Limitedthis company | ₹1.52 Lakh (FY 2024) | ₹3,003 | 2% | -12.0% | 7 | Mumbai, Maharashtra, India |
| Appreciable Consultants Private Limited | ₹1.52 Lakh (FY 2025) | -38.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Finmart Advisory Private Limited, buy the company report.
Auditor
Finmart Advisory Private Limited is audited by R K BIYANI & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K BIYANI & CO. | FY 2022 | 167999 |
Shareholding
The shareholding of Finmart Advisory Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Finmart Advisory Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Finmart Advisory Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Finmart Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Finmart Advisory Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Finmart Advisory has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Finmart Advisory Private Limited, buy the company report.
Recent activity
Finmart Advisory Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Amit Shankarlal Modani ceased to be Director on 04 Jul 2016.
Frequently asked questions
Finmart Advisory has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Finmart Advisory was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 21 September 2013 and is registered under CIN U74120MH2013PTC248391. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Finmart Advisory is U74120MH2013PTC248391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finmart Advisory had 2 directors:
- Nidhi Gaurav Singhvi - Director
- Gaurav Singhvi - Director
Finmart Advisory was incorporated on 21 September 2013. It is registered with the Registrar of Companies, Mumbai.
Finmart Advisory can be reached through the website finmart.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Finmart Advisory is at 413 – 414 Hubtown Viva Sale Bldg. No. 1 W.E. Highway Jogeshwari East, Mumbai, Maharashtra, India – 400060.
The latest financial statements of Finmart Advisory on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Finmart Advisory has 2 GST registrations on record and all of them are cancelled or inactive.
Finmart Advisory operated in the business outsourcing industry, in the business and IT consulting segment.
The peers of Finmart Advisory by revenue are Perfect Books Consultancy Services Privete Limited, Npa Solutions Private Limited, Appreciable Consultants Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (financial advisory, brokerage and consultancy services).